The Final Regulations modify the “look-through” rule for certain domestic C corporations, and introduce a new ten-year transition rule.
Client Alert | April 26, 2024
This primer provides an overview of the structure of real estate investment trusts (also known as REITs) in Singapore, the main regulations regulating them, the process to getting listed on the SGX-ST as well as the various ways of acquiring control of these vehicles post-listing.
Client Alert | September 2, 2021
On August 31, 2016, the Internal Revenue Service (the "IRS") and the Department of the Treasury ("Treasury") issued final regulations clarifying the definition of "real property" for real estate investment trust ("REIT") purposes. The final regulations largely follow the proposed regulations issued in May 2014, with limited changes. The IRS and Treasury received numerous written and electronic comments and held a public hearing on the proposed regulations, but declined to incorporate most comments into the final regulations. We have summarized below a general overview of the final regulations and some noteworthy features and observations.
Client Alert | September 9, 2016
On June 7, 2016, the Internal Revenue Service (the "IRS") and the Treasury Department issued temporary and proposed regulations (the "New 337 Regulations") under section 337 that (i) extend the period during which a real estate investment trust (a "REIT") is subject to U.S.
Client Alert | June 14, 2016
On December 18, 2015, President Obama signed into law the Consolidated Appropriations Act of 2016 (the "Act"), an omnibus spending bill that includes a number of changes to the provisions of the Internal Revenue Code (the "Code") governing the taxation of U.S.
Client Alert | December 29, 2015
On March 25, 2015, in a unanimous vote, the U.S.
Client Alert | April 22, 2015
***FOR 2014 UPDATE, please see "Renegotiation of the France and Luxembourg Tax Treaty: Taxation of Real Estate Capital Gains Now Expanded by Way of a September 5, 2014 Amendment to the Treaty" (Gibson Dunn update, September 8, 2014). __________________________________The French tax authorities have announced their decision to renegotiate the France-Luxembourg tax treaty.
Client Alert | February 7, 2012